Mahinda Horapakse
Appraisal question - square footage not accounted for properly?
My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
Doug Thompson
8-plex deal cash flows, but probably won't pass appraised value?
Hello BP, I'm a new investor. I have been studying, reading, networking and building my education. I plan to flip, as well as long term SFR and MF. I have cash from recent sale of my last startup company. I've be...
Michael Ealy
15-unit in Bad Area, Partner left, 100% Vacant (Dumb Sh^*)
A contact of mine asked me today at lunch time to check a building out and since it's near my office, I decided to drop by.
The building is 15-units, 100% vacant and the owner drove all the way from Missouri and thi...
James S.
Tenant we'd like gone
Hey all,We bought a house in the spring with a tenant who has been in the house for about 8 years. He is a bit older, has a good job but we've had quite a few headaches since taking over the house.The biggest one is t...
Tab Teehee
Cap rate in laymen's terms
When looking at multifamily properties for sale, it's typical to see an advertised cap rate. Where does this cap rate come from! Who determines what it should be? As an owner myself, I know what my NOI is and I could ...
Charlie Moore
Is it illegal to advertise different rental prices for SEC 8...
Listing my home for rentSEC 8 voucher for a 4 bedroom is 1000People who do not accept the voucher, usually have lower rents..So with a sec 8 tenant, i can get 1k per month and with a normal tenant the market allows me...
Virginia Jones
First Buy & Hold Deal @ Age 22 with a 19% Cash on Cash Return!!!
On July 3, 2016 I read Robert Kiyosaki's book, "Rich Dad Poor Dad", while at the beach and spent the rest of my vacation researching rental properties. That summer/fall I researched and read books and listened to podc...
Josh July
What would you do? Investment strategy
What would you do? if you recently received a large settlement(over a million), got a great credit score of 770, have only a few hundred bucks of living expenses per month.
What would you do with the money? Would it ...
Harita Konjeti
Tenant did not pay this months rent and says vacating by end of month, breaking lease
Tenant did not pay rent for March. I sent a 3 day notice. The tenant texts me that she is vacating by end of this month. Lease ends in September. She is breaking lease. What options do I have?
William Howley
Name on title = more risk?
Hi, I created a business and bought my first rental under the business name. I have 100% equity in the property and wanted to cash out refi the property in order to get cash our to buy another. No bank will do this be...